Brendan Arthur Ring at www.flickr.com
This week should be quieter, but there are some big stories coming up.
SocGen's Kit Juckes has the quick preview:
The weekend has been dominated by sport and weather. Four issues stand out for the week ahead: Ben Bernanke's speech on Wednesday, the UK fall-out from the MPC; China's teetering economy; and the possibility of a scotch-tape solution to Portugal's economic crisis.
Ben has a chance of putting a cap on Treasury yields. He must be feeling like the cat who got the cream, with equities holding up while the air comes out of the carry-bubble and Treasuries normalise. But he's also a very cautious and dovish man. I reckon he will try and perhaps even succeed to calm things down.
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